UNITDSPR - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 United Spirits Ltd (UNITDSPR) Technical Analysis

Technical Rating: 3.1

📈 Chart Patterns & Trend Status

Trend Status: The stock is currently in a reversal phase, having broken below key moving averages and showing signs of bearish momentum.

Candlestick Structure: Price action suggests a breakdown from a descending triangle pattern, with lower highs and weak support near ₹1,300.

Trendlines: Price is testing a long-term support zone around ₹1,280–₹1,300, but no bullish reversal confirmed yet.

📉 Moving Averages

50 DMA: ₹1,417 — Price is below, indicating short-term bearishness.

200 DMA: ₹1,433 — Price is below, confirming loss of long-term momentum.

Crossover Status: Bearish crossover confirmed; price trading below both averages.

📊 Momentum Indicators

RSI (32.0): Near oversold territory — bearish but approaching potential bounce zone.

MACD (-33.8): Deeply negative and below signal line — confirms strong downward momentum.

Stochastic Oscillator: Likely below 20 — oversold, may hint at short-term recovery.

MFI (~40): Weak buying pressure — confirms lack of bullish interest.

📉 Bollinger Bands & Volume

Price Position: Near lower Bollinger Band — suggests oversold condition.

Volume Spike: Current volume (17.89L) > 1-week average (10.46L) — indicates strong selling activity.

📌 Support & Resistance Zones

Level Price (₹)

Support 1 1,300

Support 2 1,270

Resistance 1 1,360

Resistance 2 1,417

Breakout Target 1,500–1,550

These levels are based on pivot points and Fibonacci retracements

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🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹1,280–₹1,300 (near support and oversold indicators)

Exit Zone (Short-Term): ₹1,360–₹1,400 (resistance zone)

Stop-Loss: ₹1,260 (below recent swing low)

🧭 Final Take

UNITDSPR is showing bearish momentum with technical indicators pointing toward a short-term reversal. While fundamentals remain strong (high ROE/ROCE, low debt), traders should wait for RSI and MACD to stabilize before entering. A bounce from ₹1,300 could offer a tactical entry, but caution is warranted until volume confirms a reversal.

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